Trump’s Bitcoin sneakers are already on eBay for $2,500
Scalpers are already trying to sell Donald Trump’s just-released limited edition Bitcoin-themed sneakers on eBay for $2,500.
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Crypto community jubilant over Grayscale decision, but uncertainty remains
The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped. 614 Total views 16 Total shares The crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on…

Bank of England to experiment with wholesale CBDC, synchronization
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC.


Crypto market faces structural weakness: Binance report
Despite recent improvements, the crypto market remains down 14% from its peak, with new capital inflows slowing and a “Player vs. Player” market emerging.

Rival blockchain projects angling for talent from Terra developers
At least three blockchains have publicly announced that their teams’ arms are open wide ready to accept any stray former Terra developers following the collapse of its ecosystem. 195 Total views 3 Total shares The collapse of the Terra ecosystem, which included most of its apps and protocols, has created a diaspora of developers from…

Bitcoin erases BTC price dip but $48.2K is now key to avoid bull trap
The bounce back above $48,000 is not a definitive sign that a correction is over, analysts warn. 902 Total views 41 Total shares Bitcoin (BTC) quickly regained lost ground on Aug. 25 after a brief dip towards $47,000 failed to keep bulls down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRebound or bull trap?Data from Cointelegraph…

Riot Blockchain’s Bitcoin mining productivity dropped 28% YOY amid record Texas heat
"The company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas,” said Riot CEO Jason Les. 89 Total views 3 Total shares Crypto mining firm Riot Blockchain reported it produced fewer Bitcoin (BTC) in July 2022 than that in July 2021 after scaling down operations at its Texas…

German gov’t shifts further 3K BTC in 1 hour
The latest transactions by the German government follow MP outcries to stop the sell-off and protect the country from the risks of the traditional financial system.